Market News
Paulson Funds Notch Gains for Year
Wall Street Journal - 4 Apr 2013 23:52
John Paulson's hedge funds are off to a strong start this year, according to an investor letter, after two years in which some of his funds were among the worst-performing.
TripAdvisor Can Tap Big Mobile Growth With Samsung's Help
Forbes - 4 Apr 2013 22:59
TripAdvisor has been investing heavily in its mobile platform to leverage increasing opportunities in the mobile space. It announced the launch of its mobile website in March 2010 and has since added apps for the iPhone,...
Cerberus Steps Up Battle for Seibu
Wall Street Journal - 4 Apr 2013 22:50
Cerberus is ramping up its battle for greater control over Japan's Seibu Holdings, an operator of hotels, railways and a baseball team that is preparing for an initial public offering.
Toyota Eyes Big Growth Ahead In Emerging Markets
Forbes - 4 Apr 2013 22:43
It is no secret that Toyota Motors sees the next wave of growth coming from developing markets in Southeast Asia and South America. Low car ownership combined with rising disposable incomes bode well for the auto market ...
With M&A Scarce, 1Q LBO Loan Volume Totals Tepid $26B
Forbes - 4 Apr 2013 20:58
LBO activity continues to disappoint in the leveraged finance markets, especially compared to hopes of a willing institutional investor base with lots of cash to put to work. Loan activity backing leveraged buyouts durin...
Another Report Blames Corzine In MF Global Failure, Are Criminal Charges On The Way This Time?
Forbes - 4 Apr 2013 20:19
MF Global clients have recovered much of the missing assets since the firm's failure but former CEO Jon Corzine is not off the hook just yet.
Red Bull clock quickest pit stop ever
CNN - 4 Apr 2013 19:04
Red Bull have left all other Formula One teams trailing in their wake in recent years, and now it would seem the reigning drivers' and constructors' champions are also the quickest in the pit lane.
Daily Dividends Report: MKC, MW, ALG, PNC, ROK
Forbes - 4 Apr 2013 19:03
Mccormick & Company (MKC) maintained its quarterly dividend of 34 cents per share. The dividend will be paid on April 29 with an ex-dividend date of April 11.
State Street, Blackstone Target High-Yield Loans
Wall Street Journal - 4 Apr 2013 17:28
State Street and Blackstone are teaming up to launch a rare exchange-traded fund for high-yield loans as demand for such investments rises in anticipation of rising interest rates.
Agnico-Eagle Loses Sparkle As Gold Prices Fall
Forbes - 4 Apr 2013 15:05
As the price of gold continues to drift lower, earnings expectations for its miners are following its decline. This, along with escalating costs, has led to Canadian mining company Agnico-Eagle to lose its lustre.
Apollo Delivers High Yields With Chunky Dividends, Attractive Valuations
Forbes - 4 Apr 2013 14:43
Ready to plunk down some money with a private equity firm? If you are an accredited high net worth investor with at least $1 million to risk with the firm on whatever their latest deal is, you have many quality outfits t...
Effects of QE - Bernanke's Quantitative Easing
Forbes - 4 Apr 2013 14:41
Bernanke's Federal Reserve Enacted A Policy Of QE: How Has It Affected Oil, Gold, Equities, Emerging Markets And Treasuries?
Bank of Japan Launches Easing Campaign
Wall Street Journal - 4 Apr 2013 12:09
The Bank of Japan launched an aggressive easing program as new Gov. Haruhiko Kuroda embarked on a two-year campaign to free the country's economy from more than 15 years of deflation.
Japanese Government Bonds Soar
Wall Street Journal - 4 Apr 2013 10:19
Prices of Japanese government bonds took off after the Bank of Japan announced it would dramatically expand its buying program; the 10-year yield fell to near the all-time low hit in 2003.
Yen Falls Sharply on BOJ Easing
Wall Street Journal - 4 Apr 2013 08:55
The yen fell sharply against the dollar and euro after the Bank of Japan took new easing steps that currency traders said were successful in positively surprising the market.
Apps Fall Far From Apple's Tree
Wall Street Journal - 4 Apr 2013 05:22
Heard on the Street: The app charts are something all technology investors should follow to understand who is up and who is down in the smartphone age.
Tip on Policy Shift Jolted Health Shares
Wall Street Journal - 4 Apr 2013 05:01
Alerted by a private message about a potential coming change in government health-care policy, certain investors earlier this week sparked a frenzy of trading in some of the industry's largest companies.
Nikkei Dragged by Yen's Strength
Wall Street Journal - 4 Apr 2013 04:16
Asian markets were lower Thursday tracking a negative lead from Wall Street, while the Nikkei underperformed amid a stronger yen in the run up to the BOJ's policy meeting outcome. The Nikkei fell 1.8%.
Gasoline Tumbles as Refineries Ramp Up
Wall Street Journal - 4 Apr 2013 03:45
Oil refineries in the U.S. last week boosted operations to the highest levels since early January.
Wall Street for Dummies
Wall Street Journal - 4 Apr 2013 03:43
Writing on the Wall: If you thought you knew Wall Street, well, think again. You don't. Wall Street continues to confound even the people who've worked in the industry for decades, writes David Weidner.
TD Bank Faces Loss of Luster
Wall Street Journal - 4 Apr 2013 03:31
TD Bank bills itself as America's Most Convenient Bank, but its profitability has lagged behind that of many of its peers, and the company's once-sterling reputation for customer service has declined since the 2008 purch...
States' Interest-Rate Probe Widens
Wall Street Journal - 4 Apr 2013 03:21
Thirty state attorneys general are investigating alleged interest-rate rigging by banks that set Libor, and the probe isn't slowing despite a U.S. judge's ruling last week in favor of the banks in private lawsuits.